Infrassure Urges Court to Strike Captive’s Reply in Superstorm Sandy Reinsurance Dispute

NEW YORK — In a dispute over the location of a reinsurance arbitration involving a Superstorm Sandy property damage claim, Infrassure Ltd. is urging a New York federal court to strike a captive insurer’s reply as untimely filed.

In a Dec. 22 motion filed in the U.S. District Court for the Southern District of New York, the Swiss reinsurer argues that the reply was inexcusably filed four days late. Alternatively, Infrassure seeks permission to file a sur-reply to address new arguments raised in the reply.

Metropolitan Transportation Authority obtained insurance coverage from its captive insurer, First Mutual Transportation Co. (FMTAC), …